Sparta Commodities Secures $42m in Series-B Financing Round
Deal News | Apr 10, 2025 | Legal Community Swiss
Sparta Commodities, a company specializing in real-time intelligence for commodity traders, secured a USD 42 million Series B financing round. The funding was led by One Peak and supported by existing investors Singular and FirstMark. The raised capital is intended to facilitate Sparta Commodities' expansion beyond the oil and gas sector and accelerate its development into an AI-powered trading platform. Legal advisory for the round was provided by Walder Wyss, with their team led by Corporate and M&A partner Hubertus Hillerström. They were assisted by partners in tax and IP/IT law, and other corporate associates.
Sectors
- Commodities Trading
- Artificial Intelligence
- Legal Advisory
Geography
- Switzerland – Walder Wyss, the legal advisor, is based in Switzerland, providing the geographical context for the legal assistance in the financing round.
Industry
- Commodities Trading – The article focuses on Sparta Commodities, a company providing real-time intelligence for commodity traders, and its expansion plans in the trading sector.
- Artificial Intelligence – Funds from the financing round will support Sparta's expansion into AI-powered trading platforms, emphasizing the role of AI in their strategic development.
- Legal Advisory – Walder Wyss provided legal advice for the financing round, highlighting the importance of legal services in structuring and executing such transactions.
Financials
- USD 42 million – The total amount raised by Sparta Commodities in the Series B financing round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sparta Commodities | Target | Company | A specialist in real-time intelligence for commodity traders, seeking to expand its AI-driven trading platform. |
| One Peak | Bidding Company | Company | A private equity firm leading the Series B financing round for Sparta Commodities. |
| Singular | Investor | Company | An existing investor in Sparta Commodities participating in the Series B round. |
| FirstMark | Investor | Company | An existing investor in Sparta Commodities participating in the Series B round. |
| Walder Wyss | Legal Advisor | Company | A Swiss law firm that advised Sparta Commodities on the Series B financing round. |
| Hubertus Hillerström | Corporate and M&A Partner | Person | Led the Walder Wyss team advising Sparta Commodities in the financing round. |